Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 16,052 $ 16,051
Accounts receivable 93,039 131,720
Fair value of derivatives 13,164 65,114
Other current assets 15,841 9,740
Total current assets 138,096 222,625
Oil and natural gas properties, full cost accounting method:    
Evaluated properties 4,665,761 4,585,020
Less accumulated depreciation, depletion, amortization and impairment (2,399,886) (2,270,675)
Evaluated oil and natural gas properties, net 2,265,875 2,314,345
Unevaluated properties 1,429,624 1,404,513
Total oil and natural gas properties, net 3,695,499 3,718,858
Operating lease right-of-use assets 31,904  
Other property and equipment, net 23,363 21,901
Restricted investments 3,468 3,424
Deferred financing costs 5,427 6,087
Fair value of derivatives 11,679 0
Other assets, net 6,061 6,278
Total assets 3,915,497 3,979,173
Current liabilities:    
Accounts payable and accrued liabilities 221,452 261,184
Operating lease liabilities 24,141  
Accrued interest 22,695 24,665
Cash-settleable restricted stock unit awards 819 1,390
Asset retirement obligations 3,103 3,887
Fair value of derivatives 17,251 10,480
Other current liabilities 2,472 13,310
Total current liabilities 291,933 314,916
Senior secured revolving credit facility 105,000 200,000
Operating lease liabilities 7,680  
Asset retirement obligations 9,315 10,405
Cash-settleable restricted stock unit awards 2,568 2,067
Deferred tax liability 21,106 9,564
Fair value of derivatives 3,663 7,440
Other long-term liabilities 100 100
Total liabilities 1,431,625 1,533,965
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, series A cumulative, $0.01 par value and $50.00 liquidation preference, 2,500,000 shares authorized; 1,458,948 shares outstanding 15 15
Common stock, $0.01 par value, 300,000,000 shares authorized; 228,263,955 and 227,582,575 shares outstanding, respectively 2,283 2,276
Capital in excess of par value 2,483,945 2,477,278
Accumulated deficit (2,371) (34,361)
Total stockholders’ equity 2,483,872 2,445,208
Total liabilities and stockholders’ equity 3,915,497 3,979,173
6.125% senior unsecured notes due 2024    
Current liabilities:    
Senior unsecured notes 596,154 595,788
6.375% senior unsecured notes due 2026    
Current liabilities:    
Senior unsecured notes $ 394,106 $ 393,685